Topic: You are still very early - page 3. (Read 1026 times)
I understood it at the begining of my way
For the long term, yes. I've been obtaining some altcoins to build up profits for my bitcoin investment. Since its multiplier is considerably better than bitcoin, it's not terrible to dabble with some alternative currencies. That's what I do. Even if someone were to advise me to avoid alts, I couldn't be convinced to concentrate just on bitcoin as I am aware of how much easier it is to make gains on alts than on bitcoin. I'm not a whale, therefore I'll merely find a means to increase my meager funds before concentrating on an expensive bitcoin.
Well its not bad to double your capital through altcoins and I can presume that the advises that are given is to clear you on the dangers that are involved when investing on altcoins, well I guess some altcoins are good when it comes to how fast they pump up but the whole issue is finding the right alt because the same way these altcoins pump thats the same way they dump back and if you are not careful you could lose a lot especially when you have put in a lot to gather profits you can use in buying bitcoin but I would advice you to stay with BTC and you can use DCA strategy to build up some momentum in your capital investment. 
Instead of focusing on thinking about things like that and preparing a lot of defenses I don't think it will solve anything and instead I think it will add more to the existing debate.
There is no middle point where pros and cons argue because indeed both of them definitely want to beat with the arguments they have.
Personally, in this condition, it's better to get out and focus on what I'm doing because regardless of anything, it's better for me than having to say a lot of words because in the end, things like that won't be heard.
They have a focus on not wanting to be in bitcoin and the assumption by saying it's late is just a classic excuse so why bother about something like that because it's the best thing for them but on the other hand we as people who do have different thoughts then just stick to the initial goal us because it is also the best choice for us.
Basically things like that about the pros and cons will definitely continue to exist depending on you to react to it. If indeed we are challenged to debate then that is also good because things like that are worth debating but for myself, I prefer to let it go because it won't it also has its effect on me and I don't need to get tired of dealing with people like that.
Not really that bad on making yourself aware on whats happening around specially with those never ending debate about the pros and cons of Bitcoin or being that early or being that late because no matter whichThere is no middle point where pros and cons argue because indeed both of them definitely want to beat with the arguments they have.
Personally, in this condition, it's better to get out and focus on what I'm doing because regardless of anything, it's better for me than having to say a lot of words because in the end, things like that won't be heard.
They have a focus on not wanting to be in bitcoin and the assumption by saying it's late is just a classic excuse so why bother about something like that because it's the best thing for them but on the other hand we as people who do have different thoughts then just stick to the initial goal us because it is also the best choice for us.
Basically things like that about the pros and cons will definitely continue to exist depending on you to react to it. If indeed we are challenged to debate then that is also good because things like that are worth debating but for myself, I prefer to let it go because it won't it also has its effect on me and I don't need to get tired of dealing with people like that.
angle you would really be looking, there's always those words or sayings on which you could heard around and if you are that someone who do really completely supporting it then it couldn't really be avoid to make out some countering of those opinions and words came from others. This is why it would be molding up that never ending discussion and debates in between two things. Its true that if you dont like to find yourself
been boggled up with these things then it would be better that you should really be just simply ignoring and rejecting on whatever things that you are believing into.
Very early? Very late? Doesnt matter because you would really be basically be minding on what are the things that you do plan from the very start. It is really just been distracted by some other factors along the way.
If we really believe in bitcoin and are currently still in the adaptation stage then indeed this can still be said to be the beginning and I do that by buying again and again with the DCA that I do.
As for those who say it's too late it's also their right with the arguments they have and I don't really care about that.
Instead of focusing on thinking about things like that and preparing a lot of defenses I don't think it will solve anything and instead I think it will add more to the existing debate.
There is no middle point where pros and cons argue because indeed both of them definitely want to beat with the arguments they have.
Personally, in this condition, it's better to get out and focus on what I'm doing because regardless of anything, it's better for me than having to say a lot of words because in the end, things like that won't be heard.
They have a focus on not wanting to be in bitcoin and the assumption by saying it's late is just a classic excuse so why bother about something like that because it's the best thing for them but on the other hand we as people who do have different thoughts then just stick to the initial goal us because it is also the best choice for us.
Basically things like that about the pros and cons will definitely continue to exist depending on you to react to it. If indeed we are challenged to debate then that is also good because things like that are worth debating but for myself, I prefer to let it go because it won't it also has its effect on me and I don't need to get tired of dealing with people like that.
to debate about bitcoin with people who do not agree, I think it will only be a waste of energy, and for me I prefer to be silent and leave the conversation about bitcoin, because no matter how good we give understanding it will not be accepted either. the only way is by proving that with time they will feel sorry for what they think, and we can smile without having to defend ourselves at first. it happened when bitcoin soared in 2017, finally people like that were jealous and approached us to be taught about bitcoin, because they saw our successThere is no middle point where pros and cons argue because indeed both of them definitely want to beat with the arguments they have.
Personally, in this condition, it's better to get out and focus on what I'm doing because regardless of anything, it's better for me than having to say a lot of words because in the end, things like that won't be heard.
They have a focus on not wanting to be in bitcoin and the assumption by saying it's late is just a classic excuse so why bother about something like that because it's the best thing for them but on the other hand we as people who do have different thoughts then just stick to the initial goal us because it is also the best choice for us.
Basically things like that about the pros and cons will definitely continue to exist depending on you to react to it. If indeed we are challenged to debate then that is also good because things like that are worth debating but for myself, I prefer to let it go because it won't it also has its effect on me and I don't need to get tired of dealing with people like that.
It's good that we try to debate it if we have more energy and I appreciate that but I'm too busy with such things so it's better for me to avoid it than to go with the flow to a debate that will never end.
to think one is late to btc is to think btc is a ponzi scheme. if one really believes in utility of btc one can never be late. never.
I think people who know the utility of Bitcoin, they must consider whether it is their entry time or not while investing. Bitcoin was launched in 2009 and since then those who have invested in Bitcoin in the initial period have received huge returns. In 2021, Bitcoin touched the highest price of $67k. In 2023 Bitcoin again touched its bottom $15500. The current price is trading at $27k.
The point of all of the above is to be very careful about where you are entering when investing in Bitcoin. Not every cost can be credited to the early stage. Whether you are making an investment or entry between the opening prices or the prices have gone too high. I think the price hasn't gone up that much yet and you can say that Bitcoin is still close to its early stage here but if the price goes above $100k then you can't put it in the early stage.
Accordingly, it is true that bitcoin supply is nearly 21,000,000 which makes it a scarce commodity to the teaming population of over six billion in the world. Out of this total number in population just 99.99% of them are yet to get the awarenes and possibly adopt the bitcoin in their various localities. Just reason a situation like this at this stage you are holding at this price and when the whole world decides to go the bitcoin way meaning that any little fractions of bitcoin would mean a lot compared to now. This should tell you clear that we are still in he early stage and as such still early adopters of bitcoin.
Lastly, bitcoin price is currently low compared to the last all time high last year. At this price, one with clear vision about bitcoin could say this price to be be cheap as it is now compared to the price it was previously. Any one who has seen the clear vision of global adoption and plans of long term holding should know that at this price, one can get a good volume while holding it for the long awaited bull run and possibly massive adoption. Then, you would see the beauty and value of what you have been holding for such a long term.
Well, I do agree that we are still early in Bitcoin adoption and there is still a long way for it to go, but I don't agree that only 0.01% of the world's population knows or uses Bitcoin, the numbers are obviously way more than we are estimating here knowing it has been around for more than a decade now and a lot of people already know it and use it as well.Lastly, bitcoin price is currently low compared to the last all time high last year. At this price, one with clear vision about bitcoin could say this price to be be cheap as it is now compared to the price it was previously. Any one who has seen the clear vision of global adoption and plans of long term holding should know that at this price, one can get a good volume while holding it for the long awaited bull run and possibly massive adoption. Then, you would see the beauty and value of what you have been holding for such a long term.
I would say that we might have conquered about 9 to 10% of the world's population by now in terms of adoption, if not that high then 5% is obviously not less as it can clearly be seen that a lot of people already know and use Bitcoin and cryptocurrencies in the world.
They obviously lack knowledge and research abilities, and talking sense to such people is near impossible since no matter how much you chant about something, they will still do what they want at the end and all that you say and do to make them understand a point is simply a waste of your own time and efforts, so it's better to leave such people alone and let them experience it themselves.
When Bitcoin was at $500 per unit, people used to think and say the same thing that they are late and they won't make any gains anymore, the same was the case when it reached $3k and then $10k, so there will basically always be such people out there, let them be.
No matter how we explain them, these people will still claim the opposite and couldn't agree with what we tell them. Because what is really in their mind is full of negativity and doubts, we can't influence their minds unless they will change it. When Bitcoin was at $500 per unit, people used to think and say the same thing that they are late and they won't make any gains anymore, the same was the case when it reached $3k and then $10k, so there will basically always be such people out there, let them be.
Perhaps, proper education could really help these people to understand how this works but I say that it was a big challenge on their mind on how to change them. But for me, I should not render time with this kind of people who are not willing to change and take advice from me.
There is no middle point where pros and cons argue because indeed both of them definitely want to beat with the arguments they have.
Personally, in this condition, it's better to get out and focus on what I'm doing because regardless of anything, it's better for me than having to say a lot of words because in the end, things like that won't be heard.
They have a focus on not wanting to be in bitcoin and the assumption by saying it's late is just a classic excuse so why bother about something like that because it's the best thing for them but on the other hand we as people who do have different thoughts then just stick to the initial goal us because it is also the best choice for us.
Basically things like that about the pros and cons will definitely continue to exist depending on you to react to it. If indeed we are challenged to debate then that is also good because things like that are worth debating but for myself, I prefer to let it go because it won't it also has its effect on me and I don't need to get tired of dealing with people like that.
They obviously lack knowledge and research abilities, and talking sense to such people is near impossible since no matter how much you chant about something, they will still do what they want at the end and all that you say and do to make them understand a point is simply a waste of your own time and efforts, so it's better to leave such people alone and let them experience it themselves.
When Bitcoin was at $500 per unit, people used to think and say the same thing that they are late and they won't make any gains anymore, the same was the case when it reached $3k and then $10k, so there will basically always be such people out there, let them be.
No matter how we explain them, these people will still claim the opposite and couldn't agree with what we tell them. Because what is really in their mind is full of negativity and doubts, we can't influence their minds unless they will change it. When Bitcoin was at $500 per unit, people used to think and say the same thing that they are late and they won't make any gains anymore, the same was the case when it reached $3k and then $10k, so there will basically always be such people out there, let them be.
Perhaps, proper education could really help these people to understand how this works but I say that it was a big challenge on their mind on how to change them. But for me, I should not render time with this kind of people who are not willing to change and take advice from me.
There is no middle point where pros and cons argue because indeed both of them definitely want to beat with the arguments they have.
Personally, in this condition, it's better to get out and focus on what I'm doing because regardless of anything, it's better for me than having to say a lot of words because in the end, things like that won't be heard.
They have a focus on not wanting to be in bitcoin and the assumption by saying it's late is just a classic excuse so why bother about something like that because it's the best thing for them but on the other hand we as people who do have different thoughts then just stick to the initial goal us because it is also the best choice for us.
Basically things like that about the pros and cons will definitely continue to exist depending on you to react to it. If indeed we are challenged to debate then that is also good because things like that are worth debating but for myself, I prefer to let it go because it won't it also has its effect on me and I don't need to get tired of dealing with people like that.
angle you would really be looking, there's always those words or sayings on which you could heard around and if you are that someone who do really completely supporting it then it couldn't really be avoid to make out some countering of those opinions and words came from others. This is why it would be molding up that never ending discussion and debates in between two things. Its true that if you dont like to find yourself
been boggled up with these things then it would be better that you should really be just simply ignoring and rejecting on whatever things that you are believing into.
Very early? Very late? Doesnt matter because you would really be basically be minding on what are the things that you do plan from the very start. It is really just been distracted by some other factors along the way.
For the long term, yes. I've been obtaining some altcoins to build up profits for my bitcoin investment. Since its multiplier is considerably better than bitcoin, it's not terrible to dabble with some alternative currencies. That's what I do. Even if someone were to advise me to avoid alts, I couldn't be convinced to concentrate just on bitcoin as I am aware of how much easier it is to make gains on alts than on bitcoin. I'm not a whale, therefore I'll merely find a means to increase my meager funds before concentrating on an expensive bitcoin.
It's easy to say it's over or too late when the funds are already looking unaffordable but, that doesn't mean
it's toolate. You are the ones who would
really be the one will really make out decisions which you would see whether it would really be that being positive on near future or not. It might be risky to think but when you're already on the process, you will be thanking yourself for having the courage despite of the feeling of having a cold feet because of the market's situation now. The people who say prices are high at this time also would never have stepped in at ATH.
it's toolate. You are the ones who would
really be the one will really make out decisions which you would see whether it would really be that being positive on near future or not. It might be risky to think but when you're already on the process, you will be thanking yourself for having the courage despite of the feeling of having a cold feet because of the market's situation now. The people who say prices are high at this time also would never have stepped in at ATH.
to think one is late to btc is to think btc is a ponzi scheme. if one really believes in utility of btc one can never be late. never.
They obviously lack knowledge and research abilities, and talking sense to such people is near impossible since no matter how much you chant about something, they will still do what they want at the end and all that you say and do to make them understand a point is simply a waste of your own time and efforts, so it's better to leave such people alone and let them experience it themselves.
When Bitcoin was at $500 per unit, people used to think and say the same thing that they are late and they won't make any gains anymore, the same was the case when it reached $3k and then $10k, so there will basically always be such people out there, let them be.
No matter how we explain them, these people will still claim the opposite and couldn't agree with what we tell them. Because what is really in their mind is full of negativity and doubts, we can't influence their minds unless they will change it. When Bitcoin was at $500 per unit, people used to think and say the same thing that they are late and they won't make any gains anymore, the same was the case when it reached $3k and then $10k, so there will basically always be such people out there, let them be.
Perhaps, proper education could really help these people to understand how this works but I say that it was a big challenge on their mind on how to change them. But for me, I should not render time with this kind of people who are not willing to change and take advice from me.
There is no middle point where pros and cons argue because indeed both of them definitely want to beat with the arguments they have.
Personally, in this condition, it's better to get out and focus on what I'm doing because regardless of anything, it's better for me than having to say a lot of words because in the end, things like that won't be heard.
They have a focus on not wanting to be in bitcoin and the assumption by saying it's late is just a classic excuse so why bother about something like that because it's the best thing for them but on the other hand we as people who do have different thoughts then just stick to the initial goal us because it is also the best choice for us.
Basically things like that about the pros and cons will definitely continue to exist depending on you to react to it. If indeed we are challenged to debate then that is also good because things like that are worth debating but for myself, I prefer to let it go because it won't it also has its effect on me and I don't need to get tired of dealing with people like that.
For my perspective, it is never too late to purchase Bitcoin despite the current price is high comparing to previous years specifically from 2009 to 2017. Unfortunately, people always hesitant in taking decisions and afraid especially when it comes to anything related to investment, they end up criticizing themselves for the decisions have not taken before. In fact, Bitcoin is still progressing and providing us a short way to reach financial stability and it could help to change our lives in an excellent manner. In addition to that, I encourage new investors to start DCA method, it is really an effective strategy to guarantee a profit with less risk but in long term.
It's because they let the other people's opinion to get ahead of them instead of having a leap of faith towards investing in bitcoin, we may have not able to get onboard on the first train but I'm quite certain of the fact that it is still not yet too late to invest. And while you're doubting yourself, many people have already made their move and probably gained some profits already.
It might be risky to think but when you're already on the process, you will be thanking yourself for having the courage despite of the feeling of having a cold feet because of the market's situation now.
The problem is people tend to compare how things were before and how things are now. Instead of them to think about what will be in the future. People who keep feeling they're too late will always keep missing out on bigger opportunities.
We have to try and see the bigger picture in this. Yes, Bitcoin is relatively poor now when compared to where it was but we should also remember that it's better than where it was too.
We have to try and see the bigger picture in this. Yes, Bitcoin is relatively poor now when compared to where it was but we should also remember that it's better than where it was too.
I am really not sure about it whether we are early or late but comparing the opportunity that recently passed I think the people who were in but were actually out by investing are really late now. Still, there is a time you have to pay the price by cutting down the profit potential you were able to make but now you can but still profits are waiting for you. Sounds Stupid naah I don't think so.
Anyway OP is guiding us well we should never lose hope as I am also waiting for more Opportunities because I've also missed a lot but my reason was my funds issues beside that now Alhamdulillah I am able so I am trying to grab as much as I can.
Sike - It's BTC you are never late, Just be patient.
Anyway OP is guiding us well we should never lose hope as I am also waiting for more Opportunities because I've also missed a lot but my reason was my funds issues beside that now Alhamdulillah I am able so I am trying to grab as much as I can.
Sike - It's BTC you are never late, Just be patient.
...but I'm sure that someday people will also realize how risky investing in altcoins is because investing in altcoins is high risk, and eventually they will choose btc as an option for their investment.
As from what people are saying, high risks; high reward. Altcoins may be riskier to hold compared to bitcoin but it can still be a profitable venture either if it's a long-term or short-term as long as you will pick the top working altcoins like ETH, BNB, etc.
Also, there's nothing wrong if we choose to hold altcoins as well because our portfolio is not really limiting to only one coin which is bitcoin. What I'm trying to say here is that bitcoin is truly a must sought coin these days but trying to hold other coins aside from bitcoin itself is really not a bad idea at all.
OP mentioned is only a small part of the barriers for newcomers to have a better view of bitcoin investing, it's really hard to convince someone to invest in bitcoin in the first place when in terms of price the large portion is what makes them overthinking and they also do not really evaluate the possibility of profit for them in the future. The problem of experience then made many people admit to the fact that they were just going around and then still looking to bitcoin itself as a destination to optimize profits as well as limit risks, which is understandable when The fact that knowledge causes us to have false prejudices on the journey we are on.
Those who don't want to invest in btc have all the excuses and end up buying those shitcoins which don't give any returns or say will drain your funds also.The people who say prices are high at this time also would never have stepped in at ATH and why in the hell we think we can't buy part of it? The smallest investment covering fees is also good but you should have the proper mindset to do so.
HODL and watch the magic happen! Bitcoin's scarcity and growing adoption will drive its value sky-high. Don't stress, just stack those sats and enjoy the ride to financial freedom.
yes, indeed now the price of btc is high and with the high price of btc it makes people
afraid to invest in btc, because they are afraid that afterwards the price of btc will go down.
but what people say is true because they may not know, about btc or they have a lack of guts,
because in my opinion that investment must have courage and strong guts.
but in my opinion for people who don't want to invest in btc, you shouldn't force them to invest, but don't regret it if one day the price of btc reaches a high price like $ 500k.
afraid to invest in btc, because they are afraid that afterwards the price of btc will go down.
but what people say is true because they may not know, about btc or they have a lack of guts,
because in my opinion that investment must have courage and strong guts.
but in my opinion for people who don't want to invest in btc, you shouldn't force them to invest, but don't regret it if one day the price of btc reaches a high price like $ 500k.
They obviously lack knowledge and research abilities, and talking sense to such people is near impossible since no matter how much you chant about something, they will still do what they want at the end and all that you say and do to make them understand a point is simply a waste of your own time and efforts, so it's better to leave such people alone and let them experience it themselves.
When Bitcoin was at $500 per unit, people used to think and say the same thing that they are late and they won't make any gains anymore, the same was the case when it reached $3k and then $10k, so there will basically always be such people out there, let them be.
We can't turn back time, but we can remedy our mistakes; most of us missed out on bitcoin when it was cheaper, and it still stings today. Bitcoin was at an early stage of accumulation at $500, but due to FUD, most investors never planned to buy in it. During the bull run up that reached an ATH, most traders developed FOMO and began to hoard bitcoin; some made huge winnings, while others had their accounts liquidated. It's entirely one good market experience, always follow up on a project no matter how underestimated it is, no one knows the upcoming market trend. When Bitcoin was at $500 per unit, people used to think and say the same thing that they are late and they won't make any gains anymore, the same was the case when it reached $3k and then $10k, so there will basically always be such people out there, let them be.
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